With CES 2013 underway, Acer has decided to officially announce its low-end B1 tablet. The full name is Acer Iconia B1-A71, but we’ll just shorten that to B1 whenever possible (and hope that the Taiwanese company doesn’t add more devices to the B1 ‘family’ to make things confusing).

As expected, this is going to be cheap. It may in fact be one of the cheapest ‘brand-name’ Android tablets ever. Which doesn’t mean it’s not underpowered, unfortunately.

That battery has a lower capacity than the one installed on the 5.5-inch Samsung Galaxy Note II, and the amount of RAM in the Iconia B1 will make it struggle with multitasking regardless of what you use it for. These are the main issues here – other than that this is a decent budget device, which Acer is aiming at kids and first-time tablet buyers.

It’s going to cost “less than $150″, which usually means $149.99. So it turns out that the latest leak on the matter was in fact correct. Acer didn’t say when the Iconia B1 will arrive on the market, so all we can do right now is wait.